Credit card consumption will generate credit card points, which is also a means for banks to encourage credit card holders to spend more. The credit card business of major banks is highly competitive, and credit card points are also very important, such as reducing annual fees, redeeming gifts, holding lottery and redeeming consumer vouchers.

1. Annual fee reduction. Users who apply for a credit card know that an annual fee will be generated after the credit card is activated, and how many transactions are consumed each year to avoid the annual fee. Platinum cards and above have higher annual fees, and the annual fee reduction requirements are higher. The points accumulated by using credit cards can be used to reduce the annual fee and enter the bank APP to complete the exchange procedures.

2. exchange gifts. Almost all the credit cards of major banks have introduced credit card integral mall. Cardholders can log in to integral mall and exchange credit card points for desired gifts, product coupons, etc. , which can be in kind or a video member.

3. Redeem air miles. Some credit card points specially used for business travel can be converted into air miles, and then deducted by reducing the purchase amount.

4. Integral oil change. For example, the points generated by CCB owners' credit cards can be changed. In addition, credit cards such as owner cards and car cards launched by other banks basically have the activity of changing points for gasoline. Cardholders should always pay attention to the news of official website.

5. Points draw. Points generated by credit cards can be drawn in the credit card mall. For example, the credit card points of China Merchants Bank can extract electronic products in the mall, and the credit card points of Industrial Bank can collect products such as mobile phones and air purifiers.

6. Deduct coupons. These credit card points generally need to be used in designated businesses. For example, CITIC Bank launched a 9-point redemption campaign for Pizza Hut 30 yuan vouchers, and Huaxia Bank launched a full-reduction redemption campaign for JD.COM vouchers.

7. redemption of points. Credit card points here are not directly redeemable. You can exchange goods in the credit card mall and then buy and sell them into cash, but there will be a certain discount for third-party transactions.